Technology seen as essential for new tax law success
The Executive Chairman of the Nigerian Revenue Service, Zacch Adedeji, has emphasized the importance of technology in implementing Nigeria’s new tax laws. Speaking at the Federal Polytechnic, Ayede, he outlined how the new legal framework requires digital solutions to be effective. Adedeji highlighted the shift from manual tax collection to a technology-driven system aimed at improving efficiency and fairness. Other officials, including Tajudeen Abbas and Yakubu Datti, also praised efforts to modernize tax administration.
TLDR
- Zacch Adedeji stated that technology is crucial for the success of Nigeria’s new tax laws.
- He explained that the laws are designed for a digital environment and cannot function properly in a manual system.
- Challenges such as infrastructure, skills, trust, and resistance were identified, but technology is expected to address these issues.
- Adedeji noted that technology can help expand the tax base without increasing rates, making the system fairer.
- Tajudeen Abbas and Yakubu Datti commended the move towards modernizing Nigeria’s tax system.
